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How important is space tourism for humanity?

Space tourism will contribute a lot towards the betterment of humanity Space tourism will contribute a lot towards the betterment of humanity

Space tourism is a trending topic in today’s world. We can see how numerous space tourism initiatives are taking place out there in the world. SpaceX Project of Elon Musk holds a prominent place out of them. On the other hand, another start-up company that belongs to Xcor is currently engaged in the process of developing rocket plans, which will take tourists to outer space. All these initiatives will contribute a lot towards the betterment of humanity. Keep on reading and you will figure out how.

 

Space tourism initiatives will inspire the new generation of engineers

Space tourism is one of the best achievements of engineering. Hence, individuals who wish to become engineers in the future will keep on learning, as they follow the advancements of space tourism. This will eventually inspire a new generation of engineers. Working for a company that builds rocket ships to send people to space will be one of the dream jobs of engineers.

Most of the engineers in today’s world have to spend their time sitting behind a desk throughout the day. They are looking for a change in their careers. This is where the space tourism initiatives have inspired them. They will look for opportunities available for them within the space tourism industry and grab them. This will eventually contribute to the future progression of the industry.

 

Cost of reaching space will go down

As of now, it is not possible for a tourist to reach space. It is only a dream for a tourist. However, the advancements in space tourism would cut down the costs associated with reaching space significantly.

The current cost of launching a satellite is above $12 million. On the other hand, the traditional space rockets can only be used at one time. But if there are reusable space planes, which cost around $250,000, people will get the opportunity to reach space for tourism without a problem. The advancements in space tourism are pushing us there. Therefore, we will be able to reduce the overall cost of getting into this space. This will increase the total number of tourists who enjoy space travel in the future. A large number of business opportunities will be created around it as well.

 

It is a new field of investment

As space tourism is gaining more attention, business owners can think about taking a look at it as a great investment opportunity available to them. For example, investors can go ahead and directly invest their money in space ship development projects. Instead of investing in weapons, it is always a good idea to invest in such an initiative. Then we will be able to promote world peace while contributing towards the betterment of human beings.

The amount invested in space tourism will never be in vain. That’s because it would unlock many great opportunities for the business owners. You just need to keep your eyes open for the advancements in space tourism and go ahead with the initiatives accordingly. Even the government will be able to generate more revenue by implementing taxes on these companies. Hence, people will get the opportunity to reduce the taxes that they pay. This will indirectly benefit humanity in the long run.

 

It might make hypersonic travel possible

Imagine how it would be to travel from San Francisco to London within just an hour. However, we are not in a position to get that experience now because hypersonic travel is just a theory. However, the advancements in space tourism will be able to make that theory come true. That’s because we can see how new technologies are being developed to support space tourism initiatives. This would eventually help people to make hypersonic travel a reality. This will be one of the best advancements that we can see in the travel industry. That’s because people will get the opportunity to save a lot of time on a daily basis while getting their transportation requirements catered.

As you can see, space tourism has the ability to benefit humanity in many different ways. If you can invest in space tourism, this is high time to go ahead and do it. You will never be disappointed with the returns that it would bring.

 

References:

https://space.nss.org/space-tourism-leads-to-space-settlement/#:~:text=Not%20only%20does%20space%20tourism

https://www.bbc.com/future/article/20140408-six-reasons-space-tourism-matters

https://www.ucf.edu/pegasus/space-tourism/

 

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Last modified on Wednesday, 08 September 2021 00:26
Super_User

My name is Georgios Gregoriadis. I am an experienced physicist with a strong background in Astronomy. I graduated from the University of Ioannina in 2002. I am a private teacher and owner of this website.

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